Thermodynamic cycles using binary mixtures as working fluids offer a high potential for utilization of low-temperature heat sources. This paper presents a thermodynamic performance analysis of Goswami cycle which was recently suggested to produce power and cooling simultaneously and combines the Rankine cycle and absorption refrigeration cycle by using ammoniawater mixture as working fluid. Effects of the system parameters such as concentration of ammonia and turbine inlet pressure on the system are parametrically investigated. Results show that refrigeration capacity or thermal efficiency has an optimum value with respect to ammonia concentration as well as to turbine inlet pressure.